M&A Deal Summary

iSelect Acquires Intelligent Money Sdn Bhd

On October 3, 2017, iSelect acquired internet software and services company Intelligent Money Sdn Bhd

Acquisition Highlights
  • This is iSelect’s 1st transaction in the Internet Software and Services sector.
  • This is iSelect’s 1st transaction in Malaysia.

M&A Deal Summary

Date 2017-10-03
Target Intelligent Money Sdn Bhd
Sector Internet Software and Services
Buyer(s) iSelect
Deal Type Add-on Acquisition

Target

Intelligent Money Sdn Bhd

Kuala Lumpur, Malaysia
Intelligent Money Sdn Bhd (iMoney) owns and operates a bank/price comparison website for financial products in Malaysia.

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Buyer(S) 1

Buyer

iSelect

Cheltenham, Australia

Category Company
Founded 2000
Sector Internet Software and Services
DESCRIPTION

iSelect Limited is the leading provider of product comparison for Australian consumers of private health insurance. Founded in 2000, the company has since expanded into additional insurance lines including life, auto and travel, as well as financial products including home loans. By partnering with many of Australia's leading insurers and banks, iSelect provides consumers with a broad set of options, advice, and increased flexibility, both online and over the phone.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Malaysia M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-16 InfoChoice Pty

Sydney, Australia

InfoChoice was established in 1993 to make comparing financial and insurance products quick and easy.

Buy $34M